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I have yet to hear anything back regarding the claim. If i do, I'm sure it will only be for a fraction of what i lost.
Disclosure; I have not purchased this stock and would not touch it with a ten foot pole!
I've been watching the shenanigans with this company for the last few months and wondered why the stock of a company that was going out of business would be sought after so heavily and be so volatile . I came to the conclusions of 1) some kind of short squeeze, or 2) a knight in shining armor was coming in at the eleventh hour to save the company, and some people (I think the term for this is "insider") in the know were doing some market manipulation to make a little more bank$. The following press release is, at least, part of the answer!
GAITHERSBURG, Md. , Feb. 02, 2024 (GLOBE NEWSWIRE) -- NexImmune, Inc. a biotechnology company developing a novel approach to immunotherapy designed to orchestrate a targeted immune response by directing the function of antigen-specific T cells in oncology, autoimmune and infectious diseases, today announced that it has entered into a definitive agreement with a single healthcare focused institutional investor for the issuance and sale of an aggregate of 304,731 of its shares of common stock (or common stock equivalents in lieu thereof) at a purchase price of $12.05 per share (or per common stock equivalent in lieu thereof) in a registered direct offering priced at-the-market under Nasdaq rules. In a concurrent private placement, the Company has also agreed to issue and sell unregistered warrants to purchase up to an aggregate of 304,731 shares of its common stock. The unregistered warrants to be issued in this private placement will have an exercise price $12.05 per share, will become exercisable immediately upon issuance and have a term of two years from the date of issuance. The closing of the offering is expected to occur on or about February 6, 2024 , subject to the satisfaction of customary closing conditions.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
The gross proceeds to the Company from the offering are expected to be approximately $3.67 million , before deducting the placement agent’s fees and other offering expenses payable by the Company. The Company currently intends to use the net proceeds from the offering to seek additional financing and pursue potential business development and/or collaboration opportunities, and for working capital and general corporate purposes.
As previously disclosed in January 2024 , the Company adjourned its special meeting of stockholders for the purpose of approving the liquidation and dissolution of the Company and the Plan of Liquidation and Dissolution (the “Special Meeting”), with the Special Meeting scheduled to reconvene on Wednesday, February 7, 2024 , at 10:00 a.m., Eastern Time in a virtual format. As a result of this offering, the Company expects to postpone the Special Meeting.
The shares of common stock (or common stock equivalents) offered in the registered direct offering (but excluding the unregistered warrants and the shares of common stock underlying such unregistered warrants) described above are being offered and sold by the Company pursuant to a “shelf” registration statement on Form S-3 (Registration No. 333-263399), including a base prospectus, previously filed with the Securities and Exchange Commission (SEC) on March 9, 2022 , and declared effective by the SEC on March 16, 2022 . The offering of the shares of common stock (or common stock equivalents) to be issued in the registered direct offering are being made only by means of a prospectus supplement that forms a part of the registration statement. A final prospectus supplement and an accompanying base prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and accompanying base prospectus, when available, may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue , 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.
The offer and sale of the unregistered warrants are being made in a transaction not involving a public offering and have not been registered under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) and/or Rule 506(b) of Regulation D promulgated thereunder and, along with the shares of common stock underlying such unregistered warrants, have not been registered under the Securities Act or applicable state securities laws. Accordingly, the unregistered warrants and the underlying shares of common stock may not be reoffered or resold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
I doubt if it will ever comeback, and I don't think this SEC settlement would have any bearing on an EESO comeback. If you remember, about a 1.5 years ago there was a huge spike in volume for a few days (250 million shares I think). I think It amounted to about $40,000. My gut feeling on that is it was the new owners making a quick buck by pumping the stock with some press releases and releasing some more shares into the gene pool. I still have millions of shares that I slowly sell off for tax purposes. This scam definitely soured me on the stock market. good luck
I filed my claim yesterday. The form I received in the mail only had one purchase date on it. There were two other trade dates I was allowed to claim. For those that don't know what we are talking about, the SEC decided that there are certain trade dates, that those of us that got scammed by Jared and EESO can get a settlement for. I'm not sure why it's only about 24 dates from 2007-2009, but if you purchased shares on those dates you may be entitled to a settlement. Here is the website for more info. www.SECvKandLFairFund.com. You can download the paperwork from there or file online. It has to be done by 9/30/23.
I also received something. It only covers one trade date (5/20/2008) and doesn't even come close to covering all my losses. And I'm sure uncle Sam will tax me on whatever I get. I guess it's something though.
Thanks for the post and the link. Do any of you oldtimers recognize the company leading off the list, "Bebida"? How ironic!!
are you sure that was eeso. I only remember it getting to about .05
That's what i have been doing every 3 months for the past 10 years:) Hopefully it will pay off in the next three months...or sooner!
ameritrade
Ok, I said WTF, and I entered an order for 3 million at .0001 through ameritrade on Friday. it did not fill. I changed it to 1 million at .0002 a few minutes ago...it was filled immediately!
With this order and the short squeeze on silver today, I should be able to buy that leer jet by next week!! :) GLTA
Okay, I haven't posted on this sight in years. But if this thing pops, you have me to thank for it as I finally dumped 1.5 Miilliioon shares at the end of the year to offset some gains:)I even told the broker he should buy some because, when I sell losers, things happen!! Good luck to whoever is still holding some.
P.S. Jarod made such a fool out of me that after selling those shares I still have more:(
I don't know if Shell has anything to do with Escopeta. It took a long time to get it to Alaska because of some antiquated laws (The Jones Act) and the lack of american companies that would do the job of moving the jack up rig to Alaska.
The Jones Act prohibits foreign companies of doing this type of service (moving something from one american port to another or something to that effect). I had the Jones Act memorized 25 years ago for my Alaska history class, but time erodes my memory.
Escopeta was in the proverbial "Catch 22" situation. Escopeta had to get waivers, and that took forever. The actual trip only took about 4-6 months (I'm guessing on that part).
Have a pleasent and safe holiday season.
I was in this stock several years ago, and lost alot of money. Back then they were in plans/partnership with the oil company Escopeta. This was about 2005 or so. Escopeta was trying to get a jack up rig to Alaska to drill some wells in Cook Inlet. They finally made it here this summer. The following link is an update on their progress. It looks like they found gas on their first attempt. I don't know if they still have any ties to cghi...I just want to forget about my nightmare with this stock. GLTA
http://newsminer.com/view/full_story/16309226/article-Escopeta-Oil-announces-Cook-Inlet-gas-discovery?instance=home_news_window_left_top_4
Send a email to some of these senators. Here's one I just sent to Kaufman.
Senator Kaufman,
I listened to your questioning of Mr. Killinger today. I would like to know if you think WAMU was treated unfairly. There is alot of information out there showing that it was treated differently than some of the big wall street banks. I would like to see an investigation pertaining to this.
Also maybe some computer simulations could be done on how some of the banks that made it (JPM, goldman,Wells Fargo, Citi, etc.) would have faired had federal regulators treated those banks as WAMU was treated. Thank you for your time.
I also agree with that.
Killinger should've responded to Kaufman by saying "I don't know Mr. Kaufman. With all the evidence out there, do you think WAMU was treated unfairly?"
You all need to watch this past weeks episode of "White Collar" on USA network or internet. It analagous to EESO. The names are changed but the story may be eerilly similar...glta
FWIW, I have a TDA account, and a smaller Interactive brokers account. Both accounts have EESO in them. I tried to transfer my IB account to TDA. TDA would not accept it because it contained EESO (a penny stock). They told me this 5 days after I submitted the paperwork. TDA said if I wanted to transfer the IB account, I would have to close out the pennystock holdings. I hope you have better luck.
If you liked that one how about my answer to this question I've been hearing today..
'who was buying all the shares today'?
Probably, Jared, Carnes, and company. They'll take advantage of the low prices and purchase the stock on the open market. Since they can't dilute anymore, they can then run the price up, sell the stock, and pay their fines and lawyers with the proceeds...and still rake in additional profits... jmhco ('c' stands for cynical)! GLTA
What's the score of the game...I had to cancel my satellite TV because I lost a bunch of money in a stock recently, LOL!
prove there wasn't a buy out offer...please!
Your right, there is no proof that eeso is worth only .02, but their is alot of evidence that it is worth more than .02...and I have not found any proof that says eeso is worth less than .02...but feel free to back up your statement that it is not worth .02 with some facts...please! GLTA the believers who have done their dd!
Ogclip, It's good to see you back in the good graces of this board! GLTY
That's an old video.
I know, but I wouldn't consider yours or mine as a part of the true float as we both have a death grip on ours. GLTY
I guess I just trust what some people say, and it would be interesting to see what we come up with... Now you, what's your'e reasoning for not wanting it (other than you won't trust peoples answers)?
Jared said in a cc that he believed the float was about 900 million based on restricted shares and shares he knew to be in tightly held hands...That doesn't include shares of some of the people on this board (like me). I would consider my shares to be held tightly.
How about we figure out how many shares on this board are held tightly. Is this something our moderators could track.
We could preface our response with "I have ########### tightly held shares".
I'll start it off. I've got 8.9 mil since 4/8/2009. GLTA
I think they have received that unreal offer, only because I have heard Jared say in the past that he would not even consider selling unles he received a great offer. I also believe he wants to follow his dream through to the end. That's why I think it will be some arrangement where he stay's in charge of the direction of the company, and he can reward us longs by allowing us the opportunity to keep our stock and give us a div/royalty up front.
On the flip side, if there is no buyout, he is going to announce some BIG contracts, as Drifter says. Anyway it pans out will be a win/win situation for us. GLTY
Good day all... I see everyones on the edge of their seats..
I think they will announce a buyout today after market, finish all the signing this weekend, and Monday we will open as a fully owned subsidary of someone else. We will be paid via a one time dividend/royalty and retain the stock we have, although the stock may reverse split in order to make the jump to a big board... or we might get a BIG, FAT, check and be sent on our merry way!!! Here's to wishfull thinking, GLTA
ya, it would.. although I only have to gut it out until 8/6/2010 until I can retire and start collecting a pension. decisions, decisions!!
I've been off work since October due to an injury. I go back to work this Monday...It would be so sweet to show up Monday if only to tell my boss "I quit" This stock could make it happen! GLTA
Did he shout in his email, or were the capital letters your emphasis? GLTY
That's what I'm thinking!
Also known as the inverted pyramid... Try to keep one of those from falling over,lol!!!
one year anniversary...Tommorrow my 1st 200K shares can be taxed as long term gains..Hooray!
It's an "L" not an "I"! GLTY
I had a dream last night that eeso released 3 PRs after the closing bell. Two were contracts PRs and one was info about the buyout...But when I went to open the first PR, my internet connection CRASHED, LOL!!
Did anyone else have the same dream??? If so and you were able to keep your internet connection, please tell me the specifics of the PRs!! GLTA
And if EESO told you all that stuff privately before telling everyone at once, it would be considered insider information! You can't be serious.
Your'e gonna need a couple of extra PMs to make it through the week...I'm gonna need a couple of extra valium, lol! GLTY
Blkby56, You read my mind exactly! GLTY